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Bloomberg reported that according to Wood Mackenzie, in the coming years, zinc may outperform other metals as mine closures reduce supply.
Bloomberg reported that according to Wood Mackenzie, in the coming years, zinc may outperform other metals as mine closures reduce supply.
As quoted in the market news:
‘Zinc could be the rising star of the base metals market going forward,’ Richard Wilson, chairman of metals at Wood Mackenzie, told reporters in London today. ‘Zinc could be quite exciting in a couple of years.’
Lower prices for gold and silver, which are often mined together with zinc, may put pressure on mine production and force more closures, particularly in South America, he said.